Author : EconomyWatch

Pre-Budget Discussions Pre-Budget Discussions FINANCE MINISTER WITH INDUSTRIALISTS -The Union Finance Minister, Shri P. Chidambaram met representatives of industries, their associations and chambers of commerce as part of his...

Pre-Budget Discussions Shri Chidambaram Seeks Suggestions On General Budget 2006-07: Finance Minister, Shri P. Chidambaram chaired meeting of the Parliamentary Consultative Committee attached to his Ministry, here yesterday and...

India is a mixed type economy, where both the private sector as well as the public sector has their respective presence. The economy is following to create an environment...

Economy projected to grow at 8.1% in 2005-06. Modest inflation in spite of spiraling global crude prices. Rapid growth in exports and imports. Faster development of physical infrastructure. Progress...

Pre-Budget Discussions FINANCE MINISTER WITH AGRICULTURISTS: Pre-Budget Discussions FINANCE MINISTER WITH AGRICULTURISTS:The Union Finance Minister, Shri P. Chidambaram met agriculturists and agricultural experts as a part of the pre-budget...

Basic inorganic chemicals reduce the duty from 15 per cent to 10 per cent. On basic cyclic and acyclic hydrocarbons and their derivatives duty reduced to 5 per cent....

Aerated drinks Aerated drinks Excise duty on aerated drinks reduced from 24 per cent to 16 per cent. Packaging machines serve a wide variety of industries, including food processing...

8 per cent excise duty on packaged software sold over the counter.Customized software and software packages downloaded from the internet will be exempt from this levy.

To make India a manufacture base of Cars, Finance minister has removed the excise duty on cars from 24 percent to 16 percent. The reduction is for smaller cars...

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